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Parametric Home Insurance Cover – Cayman Compass

Earlier in 2024, the Cayman Islands National Insurance Company (CINICO) reached an exciting milestone – the addition of motor and home insurance products available to all Cayman residents. At the heart of this expansion was...

Legislative Committee To Address Property Insurance Crisis, City Advisory Bodies Reform – Pasadena Now

Pasadena’s Legislative Policy Committee will meet to tackle California’s property insurance market instability and consider new requirements for city advisory bodies, among other key issues affecting residents. The Committee will convene Tuesday, December 3 at 4:30 p.m. in the Council Chamber at Pasadena City...

Insurance Cost Surges Have Bigger Impact on Affordable Housing

Source: Insurance Information Institute, October 2024 Affordable Housing Providers Have Bigger Struggle Absorbing Insurance Cost Surges Affordable housing providers are struggling more than market-rate multifamily property owners with property insurance cost surges. With ​​nearly half of all homes in the United States at risk of...

‘Everything has gone up’: Retirees feel burdened by inflation as home insurance cost surge – Insurance News

Thomas Simonetti // The Washington Post via Getty Images Despite their reputation as a financially privileged generation, millions of baby boomers are slipping through significant cracks in the U.S. retirement system. A new source of financial strain on retiree budgets is homeowners insurance premiums,...

Rent Prices Are Down Again and Expected to Fall in 2025, So Is It Smarter to Rent or Buy?

Key Takeaways The median rent pice for 0-2 bedroom apartments have fallen for 15 months in a row and are now down $40 from their August 2022 peak, according to a new report. The average 30-year mortgage rate has increased over the last few months,...